New York Markets After Hours

S&P 500, Dow end higher for 5th straight session

PolyaLesova

NEW YORK (MarketWatch) -- U.S. stocks rose on Tuesday, with the S&P 500 index gaining for a fifth consecutive session, buoyed by optimism that Republicans and Democrats will eventually reach a deal to prevent the automatic spending cuts and tax hikes set to go into effect early next year. The Dow Jones Industrial Average
DJIA, -0.05%
climbed 78.56 points, or 0.6%, to 13,248.44, ending higher for a fifth straight session. The S&P 500 index
SPX, +0.01%
gained 9.29 points, or 0.7%, to 1,427.84, with the technology sector posting the biggest gains among its 10 major industry groups. The Nasdaq Composite
COMP, +0.15%
rose 35.34 points, or 1.2%, to 3,022.30.

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